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NAB outpaces rival majors

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Australian Broker | 01 Sep 2011, 04:30 AM Agree 0
NAB has outpaced its rivals in home loan growth, expanding at nearly twice system during July
  • Chris C | 05 Sep 2011, 09:50 AM Agree 0
    NAB increased its share ('bought' its increase with lower rates) because NAB closed its consumer book for nearly 2 years and invested overseaes in the GFC when Wpac and CBA kept their funds in Australia and "took" the Aussie market. NAB is only playing catchup now and will no doubt move their rates back in line with other majors shortly. Homeside has already started to move back up.
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